SWZ director buys 1,000 shares at $6.01
Total Return Securities Fund director BUY SELL MORITZ A made an open-market purchase of 1,000 shares of Common Stock at $6.01 per share.
Accepted by SEC EDGAR
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Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Total Return Securities Fund director BUY SELL MORITZ A made an open-market purchase of 1,000 shares of Common Stock at $6.01 per share. After this trade, the director directly owns 12,000 shares of the fund. The reported ownership total includes shares that were acquired through the issuer's dividend reinvestment plan.
Insider Trade Summary
Net Buyer: 1,000 shares
Net Buy
1 txn
Insider
SELL MORITZ A
Role
Director
Bought
1,000 shs ($6K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,000 | $6.01 | $6K |
Holdings After Transaction:
Common Stock — 12,000 shares (Direct)
Footnotes (1)
- F1. Amount includes shares acquired through the Issuer's dividend reinvestment plan.
Key Figures
Shares purchased: 1,000 shares
Purchase price: $6.01 per share
Shares owned after transaction: 12,000 shares
3 metrics
Shares purchased
1,000 shares
Open-market purchase of Common Stock
Purchase price
$6.01 per share
Price paid on May 29, 2026
Shares owned after transaction
12,000 shares
Direct ownership following the purchase
Key Terms
open-market purchase, dividend reinvestment plan, Common Stock, Form 4
4 terms
open-market purchase financial
"made an open-market purchase of 1,000 shares of Common Stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
dividend reinvestment plan financial
"includes shares acquired through the Issuer's dividend reinvestment plan"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
Common Stock financial
"open-market purchase of 1,000 shares of Common Stock at $6.01"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"according to the Form 4 filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Total Return Securities Fund (SWZ) report?
Total Return Securities Fund (SWZ) reported that director SELL MORITZ A bought 1,000 Common Stock shares in an open-market purchase at $6.01 per share, increasing direct ownership to 12,000 shares including those from the dividend reinvestment plan.
Was the SWZ insider transaction a purchase or a sale?
The SWZ insider transaction was a purchase. Director SELL MORITZ A executed an open-market buy of 1,000 Common Stock shares at $6.01 each, classified with transaction code “P” for a purchase in the Form 4 filing.
Does the Total Return Securities Fund (SWZ) filing mention a dividend reinvestment plan?
Yes. A footnote explains that the reported ownership amount includes shares acquired through Total Return Securities Fund’s dividend reinvestment plan, indicating part of SELL MORITZ A’s 12,000-share position came via automatic reinvestment of dividends.
AI-generated analysis. How Rhea-AI works. Not financial advice.
